Tax Workshop for Small Business - Bedford

This workshop focuses on the tax laws in a manner that the small business owner can understand and then use many to enhance the cash flow and profitability of the operation while in full compliance with the law. In addition, many useful IRS publications which address the basics for small business operations are discussed.

Small Business Taxes - The useful basics you should know.

The basic requirements for understanding your obligations.
Formats and forms
Useful IRS publications
What makes up revenue?
What are allowable expenses?
When/what do you file to the IRS?
How do you stay penalty free?
How do business-unique schedules fit into your 1040 submission?
How does your business structure impact your submissions?
What are unique requirements when you have employees?
What are some beneficial considerations to reduce taxes and/or increase cash flow?
What are some RED FLAGS to watch for?
Will cover both Federal and NH filings.